SapientX
A.I. software that gives a voice and intelligence to products.
- Security Type
- Preferred Stock
- Categories
- AI, Software, Business to Business, Consumer Products
- Min Investment
- $101
- Location
-
SANTA CRUZ, CA
- Offering Date
- December 16, 2021
- Expected Close Date
- September 27, 2022
- Amount Raised
- $1,659,212
- Target Raise
- $10K-$4M
- No. Investors
- 2
- Security Price
- $0.65
- Valuation
- $7,920,000
- Number of Employees
- 3
- Cash
- $5,445
- Revenue
- $38,998
- Short Term Debt
- $297,198
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $567,670
Company Description
We have created a voice assistant powered by AI (artificial intelligence) that can interact with users as if it were their best friend. Today, we are working with companies that make cars, appliances, smart home devices and vending machines to voice-enable a new generation of products.
Key Deal Facts
Our voice technology has high conversational accuracy at up to 99%. Siri and Alexa are only 75% and 72.5% respectively (ZDnet).
Our assistants speak 40 languages and dialects allowing us to reach 5.5 billion potential users, and we can run with or without the Internet.
The software is complete, with prototypes delivered to Mitsubishi, Yamaha, Murakami, NEC, Haier, KTM and 20+ more.
Security Description
Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.